COMPUTATION OF FOREIGN TAX CREDIT-INDIVIDUAL, FIDUCIARY, OR NON-RESIDENT ALIEN INDIVIDUAL AND SCHEDULE OF FOREIGN TAXABLE INCOME AND FOREIGN TAXES PAID OR ACCRUED
ICR 198308-1545-011
OMB: 1545-0121
Federal Form Document
⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1545-0121 can be found here:
COMPUTATION OF FOREIGN TAX
CREDIT-INDIVIDUAL, FIDUCIARY, OR NON-RESIDENT ALIEN INDIVIDUAL AND
SCHEDULE OF FOREIGN TAXABLE INCOME AND FOREIGN TAXES PAID OR
ACCRUED
WHEN THIS FORM
IS NEXT SUBMITTED FOR CLEARANCE, INCLUDE POSSIBLE SIMPLIFICATION OR
CONSOLIDATION OF SCHEDULE "A" TO ACHIEVE BURDEN REDUCTIONS AS PART
OF THE JUSTIFICATION.
Inventory as of this Action
Requested
Previously Approved
08/31/1985
08/31/1985
09/30/1985
396,319
0
396,319
405,349
0
446,498
0
0
0
THESE FORMS ARE USED BY INDIVIDUALS
(INCLUDING NONRESIDENT ALIENS) AND FIDUCIARIES WHO HAVE PAID
FOREIGN INCOME TAXES ON U.S. TAXABLE INCOME TO COMPUTE THE FOREIGN
TAX CREDIT. THIS INFORMATION IS USED BY THE SERVICE TO VERIFY THE
FOREIGN TAX CREDIT.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.